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IGPT
ETF ticker: NYSE ARCA
AS OF
Jan 17 closing price
Price
$47.76
Change
+$0.92 (+1.96%)
Net Assets
420.8M

IGPT stock forecast, quote, news & analysis

Category: @Technology
IGPT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for IGPT with price predictions
Jan 08, 2025

IGPT saw its Stochastic Oscillator leaves the overbought zone

The Stochastic Oscillator for IGPT moved out of overbought territory on January 08, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 62 similar instances where the indicator exited the overbought zone. In of the 62 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

IGPT moved below its 50-day moving average on January 07, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for IGPT crossed bearishly below the 50-day moving average on December 26, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where IGPT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on IGPT as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for IGPT just turned positive on January 07, 2025. Looking at past instances where IGPT's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where IGPT advanced for three days, in of 343 cases, the price rose further within the following month. The odds of a continued upward trend are .

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Adobe (NASDAQ:ADBE), Advanced Micro Devices (NASDAQ:AMD), QUALCOMM (NASDAQ:QCOM), Intuitive Surgical (NASDAQ:ISRG), Micron Technology (NASDAQ:MU), Marvell Technology (NASDAQ:MRVL), Intel Corp (NASDAQ:INTC).

Industry description

The investment seeks to track the investment results (before fees and expenses) of the STOXX World AC NexGen Software Development Index. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future software development through direct revenue. The fund is non-diversified.

Market Cap

The average market capitalization across the Invesco AI and Next Gen Software ETF ETF is 138.93B. The market cap for tickers in the group ranges from 5.45M to 3.37T. NVDA holds the highest valuation in this group at 3.37T. The lowest valued company is AUTO at 5.45M.

High and low price notable news

The average weekly price growth across all stocks in the Invesco AI and Next Gen Software ETF ETF was 4%. For the same ETF, the average monthly price growth was 4%, and the average quarterly price growth was 4%. MSTR experienced the highest price growth at 21%, while RDNT experienced the biggest fall at -13%.

Volume

The average weekly volume growth across all stocks in the Invesco AI and Next Gen Software ETF ETF was 8%. For the same stocks of the ETF, the average monthly volume growth was -16% and the average quarterly volume growth was 11%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 68
P/E Growth Rating: 65
Price Growth Rating: 53
SMR Rating: 65
Profit Risk Rating: 55
Seasonality Score: 12 (-100 ... +100)
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IGPT
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

Category Technology

Profile
Fundamentals
Details
Category
Technology
Address
Powershares Exchange Traded Fund Trust227 E Prairie AveWheaton
Phone
N/A
Web
www.invescopowershares.com